Genetic testing company 23andMe said it has begun bankruptcy proceedings, seeking to maximize value through a ...

Recent health news highlights significant developments, including 23andMe filing for Chapter 11 bankruptcy, with plans to ...

Me is filing for bankruptcy. The genetics company announced it’s starting a court-supervised sale process to restructure its ...

The company filed for bankruptcy after financial challenges over the past few years and a massive data breach in 2023.

A court-supervised sales process is the best way “to maximize the value of the business,” said Mark Jensen, who became chair of the 23andMe board during the newly announced leadership changes.

On Sunday, the once-popular genetic testing service 23andMe with over 15 million customers announced that it has voluntarily ...

Pharmaceutical companies and precision medicine companies could also use the data to develop new drugs. It wouldn’t be the ...

DNA testing pioneer 23andMe filed for bankruptcy — sparking fresh concerns about safeguarding the personal data of the ...

The start of 23andMe Holding Co.'s closely watched bankruptcy proceedings offers customers a troubling reminder of their ...

Board and Leadership Changes to Support Restructuring and Sale Process 23andMe also announced that Anne Wojcicki is resigning from her role as Chief Executive Officer, effective immediately, by mutual ...

Changes in leadership could also affect the company's ability to address privacy concerns effectively or maintain trust. If ...